7. 25. 22 This is a review of yesterday's video looking for a trade on oil. You will note on yesterday's video that near the end I didn't particularly like this trade in either direction because this is not really a pattern of an oversold or overbought market. There are more details on yesterday's video. However, I thought it was a good opportunity for people who want to learn my style of trading to draw the lines and use the relatively few tools that we use to make trading decisions. This video is review. Near the end of the video I talked about trendlines, I did not do that eloquently at all. I did not like the presentation, but I'm not going to redo a video. If you read this first probably the best thing is to not listen to the last part on trend lines. It's not wrong for what I do, it's just not clear enough and I will find examples with more clear trend lines. There are several important points to this video: Every retest of a gap on the left and Clear buying tails on the left when the market was going higher should be considered potential reversal areas when the market is moving lower. Number 2: When the market fails to make a new high and re-test the previous high, you should start thinking of ABCD patterns lower. Number 3:You should take note if that the long train that was trigger immediately went higher even though it reversed after it went $800 hire. While it may have been a losing trade, the important point is from my perspective, that's a market did not immediately create significant draw downs, it went higher. This is important because careful entry looking for a good trade location means that the markets are more likely to go in your favor in the beginning, then stop you out in the beginning of a trade. Think carefully of your own Trading. Do you find yourself getting into trades that immediately create draw downs? How often does that happen for you?